Five Practical Steps for Critical Estate Planning

According to data from the National Association of Estate Planners & Councils, over 120 million Americans don’t have updated plans to protect their families when accident, sickness, or death happens.

Jumpstarting the estate planning process can be the most significant present you give your family so that your loved ones aren’t left with uncertainty and conflict. These five steps can help you start the process and provide clarity to your family about your last wishes.

1. Create a Will

If you die without a will, the court will decide what to do with assets, debts, and even your children. This is called dying intestate, and it leaves the distribution process up to the state law where you reside. To write a valid will, simply focus on stating exactly who you choose to inherit your property, and also write who you want as a guardian for your kids in case something happens to the other parent as well. If proper planning is not completed, your family will be stuck in probate court, which is time-consuming and expensive.

2. Consider a Trust

If you want to avoid the probate process entirely, consider setting up a revocable trust. If you hold your assets in this manner, you will essentially transfer ownership of your property to a trust that includes exact details on distribution when you die. Because the information is contained within one document, you are able to skip probate completely.

3. Set Up Life Insurance

Life insurance is a smart idea, especially if you have young kids, are a homeowner, or you will likely owe a large amount of estate tax after you die. You will need to make sure that you have adequate coverage for your family to meet all of their expenses when you’re no longer there to help. Consider purchasing term life insurance, which can be an affordable option as you pay a fixed premium for the entire life of the term.

4. Assemble End-of-Life Documents

Beyond wills, trusts, and life insurance, critical estate planning should also involve assembling three important end-of-life documents. To help your loved ones follow your wishes when you can’t, you should make sure they have these three documents:

– A power of attorney that allows your designated agent to manage your legal affairs and financial situation.

– A form that allows the release of information from your doctors to chosen representatives.

– An advance directive form where someone is named to make medical decisions when you’re incapacitated, and a living will to detail exactly what medical treatment you desire when your life is ending.

5. Learn About Estate Taxes

Although the majority of estates will not owe taxes, if you have a taxable estate that is worth over $5.43 million, it is important to understand how much you will owe and how to strategically minimize that amount. For example, if you leave all assets to your spouse, that distribution will be tax exempt.

Despite the critical nature of the estate planning process, starting the conversation can be difficult. If you make it a priority to initiate these simple steps, you will have the peace of mind to know you’ve done everything possible to protect your family after you die.

Understanding the Ins and Outs of Payday Loans

Financial problems can be extremely stressful especially if you need the money instantly. Emergency expenses such as for health reasons, tuition, bills, repairs, mortgage on imminent due date, and more can strike when you least expect it. For average-earning employees, facing these financial deadlines could mean sleepless nights and inevitable headaches. So, what could be a possible solution? You may opt to apply for what is referred to as payday loans.


Payday loans are generally short-term loans that offer a quick solution to your financial woes and can be paid on your next payday, hence, the name. Most of these payday loans are offered to people who needs money urgently and are willing to repay during the next payday with a hefty interest factored in. Payday loan companies are now growing at a considerable rate, making it one of the industries often searched on the web. Availing this loan is considered simpler as compared to other loans that banks and financial institutions offer.

The Criteria

Payday loans are unique in terms of the application, processing, as well as the turn-around time. While most of the lenders boast ‘a no credit checking’ system, borrows still need to pass certain criteria to qualify. For example, borrowers must be of legal age and must possess a bank account. Another important requirement is to provide a document that would ensure that you have a steady earning and would be able to repay the amount loaned on time. Many lenders require completion of a document before the loan is processed. One of the easiest and most convenient method to apply is by sending all forms and requirements online. It is also vital to point out that such type of loan is far more lenient than traditional loans you know. For instance, people with awful credit score may still avail of the services.

The Amount and the Payment Terms

Generally, the loanable amount varies per state or per country. For instance, in the US, there are still states where payday loans are deemed illegal. However, in some states, borrowers can borrow between $50- $10,000 depending on the credit score. It is important to understand; however, that even if you borrow a hefty amount of money, you still have to repay it within a short period of time.

Lenders also charge borrower’s interest rates called the APR (short for the Annual Percentage Rate). Although states have their own ways of imposing strict APR’s on loans, the interest rate calculated on payday loans is still considerably higher than the regular type of loans. An average of 20% of you loaned amount is a conservative estimate of the interest that could be possibly added to your loan principal. A rolling interest is imposed once a borrower fails to pay right on time. It is always best to check whether your state has specific restrictions on payday loans to avoid any unnecessary charges. Get to know the local regulations and you would be able to apply for a loan with no problem at all.

The Benefits

Availing short-term loans can be advantageous, too. Check the following list to further understand the upside of this type of loan:

• Easy processing of the loan. As most applications can be completed online, approval and release of loan can be done within the day. Most providers deposit the amount loaned within 24 hours or the following business day. Having a quick access to money is one of the biggest advantages of this loan.

• Convenient repayment channels. There is no need to go to the office as borrowers can repay their loaned amount through an auto-debited account. This is why an active current or checking account is necessary to provide upon the application period.

• Having a bad credit history is not a problem. Most banks would turn down applicants with bad credit standing. With payday loans, this point is waived.

• No collateral required. No hassle and no other documents required apart from the application form ad banking details.

The Downside

• Not all states are legally authorized to offer payday loans. You must check this info first.

• The cost and fees are considerably high. The APR, as well as processing fees, can be higher than other types of loans. If you are unwilling to pay for massive interest rate, then it is better to study your other options well.

• Being unable to pay on time also leads to bigger penalties and interests.

With a number of payday loans providers, it is a must to make comparisons. For instance, reading reviews will be helpful. Borrowers must also remember that these loans are designed to provide a solution. Therefore, it is a must to repay on a timely manner. Otherwise, a bigger financial problem may come your way. In other words, use payday loans as a way to resolve the problem and not as a platform to get into a bigger one.

Easy Steps to Help You Choose the Right Payday Loan Lender Online

With the high increase in the number of payday loan lenders, both online and offline, deciding on the best can be a bit daunting at times. Taking a loan from a payday lender is one of the best and convenient ways that you can help yourself out of an emergency need such as an emergency house repair, medical bill or any other emergency financial need. But did you know that borrowing from a wrong payday lender can even worsen your financial position? Yes. And this is why you should take your time to get more details about the lender before you apply for the loan. Here are the 5 factors to consider before applying for a payday loan online:

Read customer reviews

What previous clients are saying about a particular payday lender can really help you make a more informed decision. It is from the previous customers reviews that you get to know the strongholds as well as the weaknesses of the lender. A company with more positive reviews is more likely to give you the best services.

Repayment plan

Payday lenders offer different payment structures to their clients. Enquiring on the payment plan from the lender prior to your loan application can help you avoid any confrontation during the payment stage. It is also prudent to ask the lender if there are any hidden charges. To locate the lender with the best repayment plan, compare various lenders, ask from your friends or seek experts’ advices. But regardless of the payment plan, it is very important to only apply for a loan that is within the limit that you will be able to pay without straining.

Customer care

Check how the payday lender handles its client’s complaints. A lender that is customer based is easier to deal with and always have the least number of complaints. This is important as it gives you assurance that incase you do not agreement with certain things your will easily get clarification from the lender. Effective customer care is very important and can also be identified easily through the reviews of the previous borrowers.


You can verify the trustworthiness of a payday loan company by reading the terms and conditions. A good lender should first seek to understand whether you will be able to repay the amount of money you are applying for or not. Although the process involved in applying for a payday loan is usually short and easy, you really need to be skeptic when dealing with a company that is requiring for very sketchy and personal details.

A payday lender should also be licensed and accredited by the authority to carry-out the business. License and accreditation by the state increases the trustworthiness of a payday lender.

Loan processing time

How long will it take for the lender the loan? A payday loan is usually meant to help one fund his/her emergency financial need and thus should be processed while the emergency need last. This means if the payday loan lender is likely to take more time, you can as well seek for alternative means. Payday loans are now processing the loans within a very short time period. Therefore you should select one that is more convenient.

Many payday lenders have taken their services online. While this has made the services more convenient and accessible, it has, however, also increased the chances of falling victim to loan fraud. To avoid this, always ensure that you apply for an online loan from a company that is licensed and accredited by the department of loan regulators. Also note that payday loan is not legal in some States. This means that you should background check a payday lender to ensure that you apply from a licensed and accredited lender.

The Benefits of Cash Advance Payday Loans

The average person has many financial needs and sometimes it becomes impossible to keep up with all the necessary spendings. Unfortunately, most people cannot make long term plans and can only organize their monthly budget. In this context, if something unexpected comes up, such as a tax payment or worse, an accident or emergency repair, they cannot get the money they need. Some rely on the help of family and close friends, but this is not a very good long term solution; others have some money saved up and when they need something right away, they make a sacrifice and take how much they need from there. But is it an exciting prospect to take money from the savings for a house or college? One solution would be to get a loan from a bank, but the problem with emergency spendings is not necessarily the amount, but the short period of time to get the money. Obtaining a loan from a bank requires a lot of paperwork and considerable waiting times – and if a relative requires urgent hospitalization, you cannot possibly wait for one month. In the most frustrating cases, you might even be short of one hundred dollars and your payday is due in three days. If you don’t have another source of income and you really need financial help, then payday cash advance loans could be a solution for you.

Like the name says it, cash advance payday loans can be obtained more easily than bank loans and they are returned by the burrower when he or she receives the salary. Briefly, there is no need to put together a file with dozens of documents, submit it to the bank and wait for its approval. The main condition for getting these loans is to have a workplace and a stable source of income. The sums you can receive are smaller than bank loans, but you can obtain them in as little as 24 hours, which is actually the entire point of this service. The first and most important benefit is that you can have the money very soon, without waiting for days. There are many situations when you might need this type of financial help: for example, if your car has broken down, you have to buy a larger present, pay a fine or pay for unexpected hospitalization. The idea is indeed quite innovative and has helped countless people avoid complications. There are even some providers who can extend the pay back date, so if your salary is delayed, for example, you can still benefit from extra help.

However beneficial this financial service might be, it is still essential to point out that not all providers are professional and that, for best results, you will have to do some research in advance and choose a company that is truly reliable. Also, don’t forget to ask about the interest rate and the terms and conditions – it goes without saying that you should remember about the fine print too. This way, you can ensure that you will receive your money in time and that you will have a pleasant experience. The existence of this service once again shows that the modern world offers intelligent solutions for those who know where to look. Many years ago, the average person would have had to go through great lengths to get money on a short term notice, but now this endeavor is not at all impossible. There are many companies that can provide short term loans and, as long as you work with a professional one, there is no reason to worry about your financial security.

How Can Neuroscience Help Us Understand Risk?

Why are some people more likely to expose themselves to risk than others? Why are some people completely risk-adverse? How does the average person behave in response to risk – and why?

As neuroscience tells us more about the workings of the brain, and how we make decisions, these are questions on the lips of many a business leader – especially (but certainly not limited to) those in financial and insurance marketplaces.

If we were all able to respond successfully to risk, everyone would retire with enough money and we would have fewer accidents for starters. The world would be a lot more stable place if everyone managed risk perfectly – but we all know that’s not the case.

Early risk models

Going back 70 years, the first models to look at risk behaviour were centred around the rather limited theory of ‘expected utility’: this says that people value a possible outcome by multiplying the probability that something happens by the amount they would like it to happen.

However, in the real world, this theory was found to be wanting. Subsequently, Daniel Kahneman’s creation of prospect theory helped him win a Nobel Prize. It posited that people measure outcomes relative to a reference point. However, these reference points are difficult to define and can change unpredictably.

While other models have tried to take the ‘science of risk’ forward, most fail to answer the question of how people really make choices and how they form their vision of the future. Often the rational, predictable, logical processes that economists expected were found NOT to be driving decision-making; cognitive biases and emotion play a much more important role than previously suspected.

Though these cognitive biases and range of emotional triggers are difficult to predict, neuroscience has the potential to add new layers to our understanding of decision-making and risk.

The potential of neuroscience

The world is unpredictable and uncertain. It is therefore not surprising that there are no categorical ‘rules’ that we can apply to people’s response to risk.

However, the amount of studies on the workings of the brain has grown dramatically since the use of functional magnetic imaging became more widespread. There is great potential to find out more.

For instance, in a study on rats at Stanford University, scientists discovered that a group of neurons light up when a safe option is chosen over a risky one; there is potential for these neurons to also be found in the human brain, which may uncover important information about risk avoidance.

Imagine studying stock market traders’ brains as they make decisions based upon their daily returns – what happens when they make big losses or gains? How does this change their decision-making? How does risky behaviour spread through the market – what are the social cues and biases at play? Better understanding of risk behaviour can potentially help us prevent stock market ‘bubbles’ and ‘bursts’ in the future.

Such experiments are well underway in neuroscience labs and we can expect more investigation in the near future, as the major financial players and government regulators become more interested.

Money and Power Are Carrots Leading Men On

When most men think of success they think of wealth and the admiration of others. They rarely give thought to the Spirit of the Universe that drives them and creates the paths down which they are led. They see money and power and literally are pulled into the world of finance and manmade systems to achieve their goals. It is the fate of the male child who is reared with indoctrinated notions of superiority.

Those men who think otherwise are the ones who ignore so-called success for their inner sense of spirituality and knowledge. They are more likely to dedicate their lives to servitude. The question then is who are they serving? Is it their ego or God?

Money is manmade and a creation for exchange of goods and accumulation of wealth. The financial system is based on an uneven surface and a rocky road that may also lead to disaster. That is more visible now as we enter the last days.

The expectations of society are that men make good in life. That means they must aim for goals that will return them power and status. They are the providers and the one who needs them the most is the Spirit of the Universe, the real God.

Reincarnation is a wakeup call and those with memory of such are least likely to crave the things of the world as their path is set. It links them to the Great Spirit and they seek a different kind of success, that is one that brings them spiritual power and leads them away from worldly things.

The prophecies explain that in the end all people will be back in their bodies at the end of days (Job 5:19-22, Isaiah 26:19). That time has arrived and the promises are fulfilled. The large population shows that all have returned and the outpouring of the Spirit over the children of Israel, that is those who are spiritual, is happening worldwide (Ezekiel 39:29).

Another promise now kept is that God will address a great controversy (Jeremiah 25:31,32) through the appearance of the Mountain of Zion at the end. This is the high towers that all people will flow to and there they will learn the truth. It is the Internet and everything is revealed thereon in its multiplicity of information.

We are now at the end of the day and the earth is undergoing the changes that will bring about one disaster after another. Money and power are the driving forces that have brought it about and there will be no use for either when the Spirit strikes back.

The Bull’s Eye in Monetary Systems

“They hatch cockatrice eggs and weave the spider’s web” is how the bible describes the systems under which man lives (Isaiah 59:5″). It is a woven mass of deceit and lies and “all tables are full of vomit and filthiness” (Isaiah 28:8) and people struggle to understand why. Without the knowledge of God and an understanding of how the Spirit of the Universe functions we are lost in the darkness of the world’s corruption.

There is hope, however, as the Spirit promised to “make the crooked places straight” and to cut the bars of iron to free those trapped behind them (Isaiah 45:2). That time has come as the truth is now flowing from God’s mountain which is the Internet promised to rise up in the last days (Micah 4:1). It is through that device that everyone on earth can be reached to hear the controversy of God (Jeremiah 26:31,32).

That debate begins with the ‘bull’ of monetary systems and how and why it has devastated the earth to the point of destruction. Money is the evil that is behind the ripping down of forests; over fishing of oceans; burning of fossil fuels; manufacture of goods; and politics. It has built the dark mountains of despair and driven many mad or to their deaths.

So who and what is the ‘bull’ behind it all? It started in Babylon with the sun-star Mary. That is the rainbow-colored image produced when light disperses. The cross is formed in the center of the moving rings of brilliance and this was called ‘Mary’ or ‘mother’s powerful eye’. Men could ‘marry’ Mary by giving their lives in exchange for a place as her mate in heaven.

To do that they passed through the ‘eye’ and rode on sunbeams into the heavens. They were called ‘b-el’ or ‘bearers of god’ and evidence shows their bodies were consumed to pass on their spirit into those attending their crucifixion. They were also ‘b-o-l’ or ‘bearing the circle of God’. The ‘bol-o-x’ or ‘bol-circle ox’ gave rise to ‘bollocks’ for the bull’s testicles. It also gave rise to ‘bull’ as in ‘bullion’, the gold on which the monetary system is based.

Because the bull was the exchange for favors the ‘bull’s eye’ became the ‘target’ and wealth is based on achieving goals, which is the same term used for passing balls through targets or ‘eyes’.

These things are known by me because of my link to the Spirit and reincarnation, which has given me knowledge to deny religions and the work of the 2 beasts of Revelation. This is how the Spirit is making the crooked places straight and overturning the tables of man’s vomit.

The Origin of Monetary Exchange

Money is an amazing phenomenon that allowed the world to develop into the tragic and disastrous state it is in today. Money is an invention designed for power and control and its origin is in the Islamic practice of crucifixion of god-men. These Avatars were to rise to heaven to marry Mary, the Mother God of that region. Her symbols include the sun-star depicted on the flag of Islam and the five-pointed star that sits over the systems that comprise the World Order as well as the cross.

Following my reincarnation and with a strong link to the Spirit of the Universe, the only real God (Isaiah 45:4-8) it commissioned me to tear down the wall of blindness and bring in the harvest. We are in the last days and the Internet is the Mountain of God promised to appear at this time to spread the truth over the world (Micah 4:1).

It was foretold that God will speak through the voice of a woman (Isaiah 42:14) to address a huge controversy (Jeremiah 25:31,33). She is called the daughter of Zion (Micah 4:8,10) and it is she who will expose the work of the 2 beasts of Revelation 11:3ff (Jeremiah 31:22).

The wall was built by the first beast of Revelation 13 and it comprises the blind and deaf effects of religion (Isaiah 29:10-12). It was a condition set by God to hide the truth (Job 12:5ff) and money is designed to enhance its effects.

Mary is the first beast and it was ‘she’ whom men thought they could ‘marry’ by dying on crosses at dawn. This would allow them to rise with the sun into the heaven where they would supposedly live forever. It gave them the notion that they are made in the image of God, that is as a star, and that on death that part of them, the ‘sol’ (sun) would be released.

The other aspect of their sacrifice was to exchange their lives for more fertility on the earth. This is the origin of the ‘man in the eye’ or ‘mon-eye’ which is the origin of ‘money’. The stiff corpse or ‘dol’ is interpreted as ‘feed circle of god’ and the flesh of the god-man was eaten to imbibe his spirit. It’s the origin of the communion service in Christian religions.

He was also the ‘b-el’ or ‘b-a-el’ which is ‘bearer of the power of God’ which is noted in prophecy as the ‘lord of the day’ (Amos 2:5). From ‘ba-el’ came ‘bull’ and exchanging him for goods gave rise to ‘bullion’; the unit of monetary exchange.

Save Money – The Easiest Way To Save Money

We are consumers. We simply need things such as gas for our cars, insurance, phones, groceries, furniture and many other things. All of these things require money! Unfortunately, our economy is not good. Luckily, it’s slowly getting better. But even when our economy gets better, wouldn’t it be nice to save money on all the things we need? Wouldn’t it be nice to have an a few extra thousand dollars in our pockets each year? Well, you certainly can! The best part about it is it’s incredibly easy to do!

No more searching online for hours trying to find the best price for your purchase! The way to save an extraordinary amount of money is via saving money memberships! More specifically, lifetime saving money memberships! I am going to go over the 3 things you need to look for before getting any type membership like this!

1. Duration – You can get one that only last for a few months or years but if you’re looking to save thousands of dollars each year then your best bet is to find a one that offers a lifetime holding. Especially if you enjoy the benefits, it would be ideal to continue to enjoy it for the rest of your life. There are plenty of lifetime holding ones out there, however, if you can’t find one you like that offers that then at least look for one that has a long duration. A 10 year or even a 15 year saving money membership will do some great things in terms of adding more money into your wallet.

2. Do The Math – You have to look at the price! If you are looking to get a lifetime one, you may have to pay a decent chunk of money. But it’s important to remember that it’s a one-time payment. You also have to make sure you’ll be able to save more than you originally spent or else it kind of defeats the purpose. Doesn’t it? If a saving money membership with a lifetime holding requires a one-time $5,000 payment but you are able to save $2,000 each year, do the math! That’s a great saving money membership! You will be able to save more money then you originally spent after 3 years! After the 3 years you will be smooth sailing! Be sure to do the math before you freak out about the price!

3. Look At The Benefits – If you want to maximize your savings you’re going to have to look at the benefits! Look for a saving money membership that has a ton of benefits! If you get one for gasoline, you need to make sure you purchase a ton of gasoline each year! There are several out there that allow you to use it on almost anything! There’s no need to limit your savings! As I mentioned before, it would be nice to save on a wide variety of things and you certainly can!

So, if you are looking to save an extraordinary amount of money each and every year your best bet is to look into a saving money membership! However, don’t get one without looking into it first and getting some information! Make sure that it has a high duration (preferably lifetime), do the math and make sure that you are going to be able to save more money then it took to get the membership in the first place, and finally be sure to look at the benefits so you can maximize your savings with a wide variety of things!

The Brains Behind Making Financial Decisions

What happens in the brain when choosing between two financial products? How about when the decision is perceived as ‘risky’? Can individual decisions be a predictor of how financial markets work?

These are the sorts of questions that have emerged from the developing relationship between neuroscience and finance… sometimes called “neurofinance” or “neuroeconomics”.

Understanding what happens in the brain when we make financial decisions is relatively new science but it is already proving to be interesting.

The neuroscience

A new lab at the University of Miami’s School of Business has been set up to examine the relationship between the brain and finance.

Using electroencephalography (EEG) to measure electrical activity in the brain, and eye-tracking technology, it conducts experiments on finance students without the need for expensive fMRI technology.

One of the lead researchers explains what the neuroscience is trying to discover:

“Money doesn’t exist in nature. When a person says, ‘I’m going to save 20% of my paycheck to put into a retirement account,’ is that the same part of the brain a squirrel would use to put away nuts for the winter?”

“We’re trying to figure out what parts of the brain we use today to make financial decisions, what they were originally intended to do, and the consistency they have.”

The common assumption is that the decisions we make (regarding finances or anything else deemed as ‘important’) are purely rational decisions, taken without emotions interfering. In terms of finance there is a vast array of metrics used that allow us to make ‘informed’ decisions.

However, the findings from the lab back up previous neuroscience that shows that emotion plays a very important part in all decision-making.

The work of neuroscientist Antonio Damasio demonstrated that people with damage in the part of the brain where emotions are generated are also unable to make decisions – even simple ones like what clothes to wear.

In one of the experiments, students are given two institutions with exactly the same metrics, but with different names of people who run the funds. The latter information should not be a factor in the analysis of which fund to go with, but students consistently choose an American-sounding name over a foreign-sounding name. This is the effect of emotions in the decision-making process.

Can this help explain financial markets?

Neuroeconomics is a growing field that encompasses many fields including neuroscience, experimental and behavioural economics, cognitive and social psychology, theoretical biology, and mathematics.

One of the questions at the forefront of the field is whether understanding what happens in an individual’s brain when they make a financial decision may be extended to financial market behaviour.

The lead researcher at the University of Miami’s School of Business suggests the following:

“If you really think about the market, it’s a collection of people doing stuff. If you really want to understand group behavior, it makes sense to understand how they would make decisions at an individual level.”

A study from the California Institute of Technology sheds more light on this, suggesting that it is a biological impulse to predict how others behave – and that this helps to drive the type of fluctuations in the markets seen in ‘booms’ and ‘busts’. It was found that, rather than making dispassionate decisions based solely on explicit price and value data, traders were driven to predict how the market will change from the behaviour of other traders (in the belief that others in the market knew better than them).